ETFEMA - 1nvest MSCI EM Asia ETF

Oct 7, 2024 at 20:17 Twitter · Facebook

ETFEMA share price on Johannesburg Stock Exchange

1NVEST MSCI EM Asia Index Feeder ETF is an exchange-traded fund that provides access to investors who wish to track the performance of the MSCI Emerging Markets Asia Index. The MSCI Emerging Markets Asia Index Net USD (“the Index”) measures the performance of large and mid-capitalisation stocks of certain emerging markets countries in Asia which comply with MSCI's size, liquidity, and free-float criteria. The Index is market capitalisation weighted and rebalances on a quarterly basis. The index covers approximately 85% of the free float- adjusted market capitalisation across 8 Emerging Markets countries. The aim of the portfolio is to provide returns linked to the performance of the Index on a total return basis net of any tax withheld at source in respect of dividends. The portfolio aims to track the performance of the index as closely as feasibly and practically possible.

1nvest MSCI EM Asia ETF is listed on the Johannesburg Stock Exchange (JSE) since August 18th, 2022. 1nvest MSCI EM Asia ETF is traded on the JSE under the ticker symbol “ETFEMA”. The International Securities Identification Number (ISIN) of JSE:ETFEMA is ZAE000313409. 1nvest MSCI EM Asia ETF is currently the 346th most valuable stock on the JSE with a market capitalization of ZAR 128 million, which makes about 0.0006% of the Johannesburg Stock Exchange equity market.

ETFEMA Stock Market Performance

The current share price of 1nvest MSCI EM Asia ETF (ETFEMA) is ZAR 34.38. ETFEMA closed its last trading day (Monday, October 7, 2024) at 34.38 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.8% drop from its previous closing price of 34.67 ZAR. 1nvest MSCI EM Asia ETF began the year with a share price of 29.36 ZAR and has since gained 17.1% on that price valuation, ranking it 123rd on the JSE in terms of year-to-date performance. Shareholders can be optimistic about ETFEMA knowing the stock has accrued 11% over the past four-week period—62nd best on JSE.

1nvest MSCI EM Asia ETF is the 287th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 9 - Oct 7, 2024). ETFEMA has traded a total volume of 814,691 shares—in 2,942 deals—valued at ZAR 26.1 million over the period, with an average of 12,932 traded shares per session. A volume high of 418,698 was achieved on September 12th, and a low of 17 on August 19th, for the same period. The table below details the last 10 trading days of activity of 1nvest MSCI EM Asia ETF on the Johannesburg Stock Exchange.

Profile of 1nvest ETF Issuer (RF) Limited

1nvest ETF Issuer (RF) Limited operates in the Financials sector, specifically, the Investment Services industry.

ETFEMA Industrial Market Competitors

1nvest ETF Issuer (RF) Limited, issuers of the ETFEMA, 1nvest SA Property ETF (+21.28%), 1nvest S&P 500 IT ETF (+21.16%), 1nvest Gold ETF (+20.02%), 1nvest S&P 500 Index ETF (+13%), 1nvest SWIX 40 ETF (+12.55%), 1nvest MSCI World ETF (+10.25%), 1nvest TOP 40 ETF (+10.22%), 1nvest Rhodium ETF (+7.61%), 1nvest SA Bond ETF (+6.1%) and 1nvest MSCI World SRI ETF (+3.06%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange